Understanding GetSolar’s Rent-To-Own Solar Subscription in Malaysia

Key Takeaways

GetSolar's Rent-to-Own (RTO) solar subscription makes solar energy accessible to Malaysians with zero upfront payment and lower monthly fees compared to typical electricity bills. You'll enjoy instant savings, full system ownership at the end of your contract, and complete peace of mind with maintenance and performance guarantees included. It's a smart, affordable, and worry-free way for homeowners to embrace clean energy without the steep initial cost.

Rent-to-Own Solar or Solar Subscription may have caught your attention as solar energy adoption continues to grow in Malaysia. As GetSolar expands into Malaysia, we've prepared an in-depth guide to help you understand this game-changing solar financing model.

In this comprehensive guide, we’ll cover what a Rent-To-Own Solar Subscription is, how it benefits you, and why it might be the smartest way to bring sustainable energy to your doorstep.

How Solar Is Traditionally Sold In Malaysia

Solar panel systems in Malaysia are traditionally sold through upfront payment models , where customers are often required to pay a large sum of anywhere between RM20,000 to RM50,000.

The Problem With Solar

While upfront purchase may seem advantageous for long-term savings, the high initial investment required poses a significant financial barrier. This not only drives away many potential solar owners but also introduces uncertainty regarding the breakeven period.

Homeowners often question whether the promised savings will materialise or if unforeseen circumstances such as roof repairs or relocation could disrupt their investment. These concerns ultimately slow down the adoption of solar energy across the region.

So, what’s the solution?

Introducing GetSolar’s Rent-To-Own Solar Subscription

Yes, you heard it right. Our Rent-To-Own (RTO) Solar Subscription financing plan has arrived! The RTO model offers an affordable solar solution, eliminating the problem of high upfront costs with zero upfront payment and complimentary all-inclusive coverage, including repairs and maintenance.

If you’re unfamiliar with the RTO Solar Subscription model, here’s a brief explanation: It’s a financing method for acquiring solar panel systems. Instead of purchasing the system outright, you make fixed monthly payments, that are typically lower than your electricity bill. Once your contract ends, full ownership of the solar system transfers to you.

Interested in adopting solar? Have a go at our interactive calculator today!

What’s The Difference Between Solar Subscription And Rent-To-Own Solar?

Although they may sound different, "Solar Subscription" and "Rent-to-Own Solar" essentially refer to the same concept.

Both terms describe a financing arrangement where you can install a solar panel system with no upfront costs, make fixed payments over a set period, and ultimately own the system at the end of the contract.

The Benefits Of Rent-To-Own Solar Subscription

1. Elimination Of Upfront Costs

The main attraction of our Rent-To-Own Solar Subscription model is the elimination of upfront expenses. By removing upfront costs, the risk of a substantial investment in a system that might fail prematurely is significantly mitigated.

2. Instant Savings On Electricity Bills

In most cases, monthly payments under Rent-To-Own Solar Subscription plans are approximately 30% cheaper than typical monthly electricity bills, providing instant savings.

This makes the model ideal for Malaysians who want to transition to renewable energy without the heavy upfront payment, which traditionally could take up to 10-15 years to break even.

Curious how NEM (Net Energy Metering) policies affect your solar savings? Read our guide on Solar ATAP Malaysia and the new NEM Replacement.

For official updates on Malaysia's Net Energy Metering scheme, visit the SEDA Malaysia NEM page.

Read more: Understanding Your Electricity Costs and Ways to Reduce It.

3. No Maintenance Cost

Another great perk of our RTO Solar Subscription plan is the elimination of out-of-pocket costs for repairs and upkeep. This ensures that additional maintenance costs don’t offset your solar savings, giving you a worry-free experience.

But Is Solar Panel Maintenance Really Important?

Yes, absolutely! Never underestimate the importance of solar panel maintenance. Regular care is essential to maintain peak efficiency and extend the lifespan of your solar system.

Solar panels that are not properly maintained can accumulate dust and debris, potentially reducing their efficiency by 20-50%. With our Rent-To-Own plan, you're protected from these maintenance costs, ensuring your system performs optimally without any extra expenses.

4. Investment Diversification

As the Rent-To-Own plan allows you to avoid the large initial sum payment, you can allocate your finances to other investments.

For instance, choosing GetSolar’s RTO plan at RM267 per month instead of an upfront payment of RM30,000 lets you diversify your resources more effectively while still reaping the benefits of solar.

Concluding GetSolar’s Rent-To-Own Solar Subscription Plan

In conclusion, GetSolar’s Rent-To-Own Solar Subscription offers a practical and financially savvy solution for homeowners in Malaysia looking to embrace solar energy.

With no upfront costs, lower monthly bills, and the peace of mind that comes from professional maintenance, this model is designed to make sustainable living accessible and stress-free.

As you plan your home's energy future, remember that investing in solar through our Rent-To-Own plan not only benefits your wallet but also contributes to a cleaner, greener Malaysia.

Ready to start saving? Get your free quote today.